Wednesday, July 22, 2009

Director of Accounting Policy

Job Description

Help ensure compliance of the company’s accounting policies with relevant authoritative accounting literature. The successful candidate will be a significant contributor in developing technical accounting positions, communicating with senior management, aiding business partners in understanding U.S. GAAP, and supporting new products and complex transactions. In addition, this role will provide the successful candidate with opportunities for growth by working on challenging business and accounting issues. The candidate must be capable of addressing complicated transactions to ensure they are well reasoned, aligned with U.S. GAAP and are operationally sustainable.



Job Responsibilities


* Monitor and analyze emerging issues and proposed rule changes; prepare comment letters to regulatory agencies and assist in the implementation of new requirements across affected business areas.

* Provide expert advice and accounting guidance for technical accounting issues related to new, unusual, significant and/or complex transactions or products.

* Prepare and/or revise accounting policies and procedures to reflect new accounting pronouncements or guidance, to improve clarity or to respond to changing circumstances.

* Advise Business Area Controllers on consistent and appropriate application of accounting policies and U.S. GAAP, including responding to day-to-day questions on accounting and reporting and providing guidance by analyzing data and assumptions and formulating possible alternatives.

* Liaise with the Accounting Implementation Group to assess implementation impact of accounting policies on the Business Area Controllers and Accounting Operations and address any implementation issues.

* Collaborate with the Accounting Implementation Group to develop and deliver training to the Business Area Controllers and Accounting Operations to help ensure appropriate training for new policy implementation.

* Review quarterly and annual financial reports and disclosures for consistency with accounting policies and U.S. GAAP.

* Communicate with executive management regarding accounting changes, new accounting standards, technical accounting topics, and other related business and control issues.

* Network with other industry participants, standard setters and regulators through conferences and other forums to anticipate regulatory changes.

* Maintain current knowledge of industry accounting issues and literature, including U.S. GAAP, to help ensure the company’s appropriate interpretation and compliance.

* Assist with projects and initiatives within the Accounting Policy Group and the Finance Division.


Job Requirements


* Bachelor’s degree required, Master’s a plus

* A minimum of seven years of experience.

* Strong US GAAP knowledge.
Contact:
Liberty Opportunity Group
gary@libertyopportunitygroup.com
http://www.libertyopportunitygroup.com

Accounting Policy Jobs

ob Description

The position is accountable for leading fortune 200 Financial Service company efforts designed to ensure that the company’s financial statements are prepared in accordance with generally accepted accounting principles (“GAAP”) and the rules and regulations of the Securities and Exchange Commission (“SEC”). In addition, the position is responsible for directing the following key activities and processes:

• Proper interpretation and application of GAAP to company's business operations, including development and documentation of significant accounting policies

• Coordination of company's monthly and quarterly financial close process

• Consolidation of financial statements

• Preparation of financial reports for both management and external purposes, including annual report to shareholders and SEC filings
• Coordination of annual audit and quarterly reviews of financial statements by independent accountants

Major users of these activities include senior financial and operating management of companys and its parent company , the Boards of Directors of compay and subsidiaries, and external parties such as shareholders, analysts and investors, and regulatory authorities.

The incumbent possesses significant knowledge, experience and expertise in the application and interpretation of technical accounting, reporting and disclosure requirements and in corporate accounting and financial reporting practices.

Qualifications

• Bachelor’s degree in accounting and CPA required; MBA desirable.

• At least ten years of experience in positions responsible for technical accounting activities, application/interpretation of GAAP and corporate financial reporting (including both management reporting and external/SEC reporting).

• Should have familiarity with SAP and other commonly-used financial system tools, as well as subject matter expertise in areas such as consolidations, business combinations, derivative instruments, intangible assets and impairments, equity method of accounting, asset retirement obligations, revenue recognition, income taxes and stock-based compensation.

• Previous experience in Big 4 public accounting firm and public company required; previous experience in financial services or insurance industry desirable.
Contact:
Liberty Opportunity Group
gary@libertyopportunitygroup.com
http://www.libertyopportunitygroup.com